Calculate the followings 2020 and 2021 ratios from Walmart Annual report posted State the ratios and formula and then the calculations. A) Net Profit Margin Ratio

Consolidated Statements of Income Fiscal Years Ended January 31, 2020 2019 2021 $ $ $ 555,233 3,918 559,151 519,926 4,038 523,964 510,329 4,076 514,405 420,315 116,288 22,548 394,605 108,791 20,568 385.301 107,147 21,957 (Amounts in millions, except per share data) Revenues: Net sales Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling, general and administrative expenses Operating income Interest: Debt Finance, capital lease and financing obligations Interest income Interest, nel Other (gains) and losses Income before income taxes Provision for income taxes Consolidated net income Consolidated net income attributable to noncontrolling interest Consolidated net income attributable to Walmart 1,976 339 (121) 2,194 (210) 20,564 6,858 13,706 (196) 13,510 2,262 337 (189) 2,410 (1,958) 20.116 4,915 15,201 (320) 14,881 1,975 371 (217) 2,129 8,368 11,460 4,281 7,179 (509) 6,670 S $ Net income per common share: Basic net income per common share attributable to Walmart Diluted net income per common share attributable to Walmart s S S 2.28 4.77 4.75 5.22 5.19 2.26 Weighted average common shares outstanding: Basic Diluted 2.831 2.847 2,850 2.868 2.929 2.945 Dividends declared per common share S. 2.16 S S 2.08 See accompanying notes